Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (5) |
Author: sano 🐝  😊 😞
Number: of 84362 
Subject: Re: can marci help?
Date: 05/14/24 10:52 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Rossel's claim that GDP -25 to 27 trillion- is a positive sign ignores that some of that numeric gain means many are getting less goods and services for the same amount, or pay more for the same amount. It doesn't necessarily mean we are producing and selling more cereal or getting a better deal on services.

It means Kellogs reduced the amount of cereal in a box by 2 ounces and announced record share buybacks with their increased profit, a utility bill was raised from $25 to $27 for the same amount of nattygas/water/etc. The plumber raised his fee from $2500 to $2700 to replace a leaky copper pipe with pex.

Jeff Bezos got rid of his 170' boat and got a 270' power boat to tote the toys for his 470' "sailboat" while the middle and lower economic strata are sinking or treading water.

And a ball player got a 10 year $700,000,000 contract.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to sano here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (5) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community